Nanjing Railway New Technology Co.Ltd. (301016) - Net Assets
Based on the latest financial reports, Nanjing Railway New Technology Co.Ltd. (301016) has net assets worth CN¥998.91 Million CNY (≈ $146.17 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.15 Billion ≈ $168.88 Million USD) and total liabilities (CN¥155.16 Million ≈ $22.71 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Nanjing Railway New Technology Co.Ltd. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥998.91 Million |
| % of Total Assets | 86.56% |
| Annual Growth Rate | 28.6% |
| 5-Year Change | 161.28% |
| 10-Year Change | N/A |
| Growth Volatility | 39.26 |
Nanjing Railway New Technology Co.Ltd. - Net Assets Trend (2017–2024)
This chart illustrates how Nanjing Railway New Technology Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Nanjing Railway New Technology Co.Ltd. (301016) total assets for the complete picture of this company's asset base.
Annual Net Assets for Nanjing Railway New Technology Co.Ltd. (2017–2024)
The table below shows the annual net assets of Nanjing Railway New Technology Co.Ltd. from 2017 to 2024. For live valuation and market cap data, see 301016 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.05 Billion ≈ $153.05 Million |
+3.47% |
| 2023-12-31 | CN¥1.01 Billion ≈ $147.92 Million |
+3.60% |
| 2022-12-31 | CN¥975.71 Million ≈ $142.78 Million |
+8.97% |
| 2021-12-31 | CN¥895.37 Million ≈ $131.02 Million |
+123.67% |
| 2020-12-31 | CN¥400.30 Million ≈ $58.58 Million |
+32.70% |
| 2019-12-31 | CN¥301.65 Million ≈ $44.14 Million |
+40.90% |
| 2018-12-31 | CN¥214.09 Million ≈ $31.33 Million |
+19.10% |
| 2017-12-31 | CN¥179.75 Million ≈ $26.30 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nanjing Railway New Technology Co.Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 224.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥437.32 Million | 41.82% |
| Common Stock | CN¥156.00 Million | 14.92% |
| Other Comprehensive Income | CN¥96.68 Million | 9.25% |
| Other Components | CN¥355.68 Million | 34.01% |
| Total Equity | CN¥1.05 Billion | 100.00% |
Nanjing Railway New Technology Co.Ltd. Competitors by Market Cap
The table below lists competitors of Nanjing Railway New Technology Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anhui Xinbo Aluminum Co Ltd
SHE:003038
|
$520.64 Million |
|
Hainan Shuangcheng Pharmaceut
SHE:002693
|
$520.65 Million |
|
Jiangsu Rutong Petro-Machinery
SHG:603036
|
$520.91 Million |
|
Electra Co Pr
TA:ECP
|
$521.28 Million |
|
Hefei Gocom Information Technology Co Ltd
SHG:688367
|
$520.58 Million |
|
Beijing Haohan Data Technology Co. Ltd. A
SHG:688292
|
$520.43 Million |
|
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd
SHE:000530
|
$520.37 Million |
|
China Railway High speed Electrification Equipment Co Ltd
SHG:688285
|
$520.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nanjing Railway New Technology Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,010,831,967 to 1,045,683,276, a change of 34,851,309 (3.4%).
- Net income of 67,252,362 contributed positively to equity growth.
- Dividend payments of 39,600,000 reduced retained earnings.
- Other comprehensive income increased equity by 12,335,628.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥67.25 Million | +6.43% |
| Dividends Paid | CN¥39.60 Million | -3.79% |
| Other Comprehensive Income | CN¥12.34 Million | +1.18% |
| Other Changes | CN¥-5.14 Million | -0.49% |
| Total Change | CN¥- | 3.45% |
Book Value vs Market Value Analysis
This analysis compares Nanjing Railway New Technology Co.Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.40x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 19.79x to 3.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥0.82 | CN¥16.29 | x |
| 2018-12-31 | CN¥0.98 | CN¥16.29 | x |
| 2019-12-31 | CN¥1.38 | CN¥16.29 | x |
| 2020-12-31 | CN¥4.42 | CN¥16.29 | x |
| 2021-12-31 | CN¥4.10 | CN¥16.29 | x |
| 2022-12-31 | CN¥4.47 | CN¥16.29 | x |
| 2023-12-31 | CN¥4.63 | CN¥16.29 | x |
| 2024-12-31 | CN¥4.79 | CN¥16.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nanjing Railway New Technology Co.Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.43%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.37%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.15x
- Recent ROE (6.43%) is below the historical average (17.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 22.31% | 19.89% | 0.61x | 1.85x | CN¥22.13 Million |
| 2018 | 24.48% | 20.06% | 0.60x | 2.04x | CN¥31.00 Million |
| 2019 | 28.50% | 23.20% | 0.61x | 2.00x | CN¥55.80 Million |
| 2020 | 28.58% | 24.51% | 0.76x | 1.54x | CN¥74.39 Million |
| 2021 | 14.17% | 24.87% | 0.48x | 1.20x | CN¥37.36 Million |
| 2022 | 9.31% | 20.16% | 0.39x | 1.18x | CN¥-6.76 Million |
| 2023 | 5.36% | 15.60% | 0.28x | 1.22x | CN¥-46.85 Million |
| 2024 | 6.43% | 18.37% | 0.30x | 1.15x | CN¥-37.32 Million |
Industry Comparison
This section compares Nanjing Railway New Technology Co.Ltd.'s net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $1,132,420,102
- Average return on equity (ROE) among peers: -175.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nanjing Railway New Technology Co.Ltd. (301016) | CN¥998.91 Million | 22.31% | 0.16x | $520.61 Million |
| China High-Speed Railway Technology (000008) | $7.40 Billion | 4.39% | 0.41x | $1.07 Billion |
| Nanjing Zhongbei Group Co Ltd (000421) | $435.66 Million | 6.49% | 0.96x | $532.07 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $-447.50 Million | 0.00% | 0.00x | $1.00 Billion |
| Vontron Technology Co Ltd (000920) | $1.40 Billion | 8.69% | 0.76x | $796.72 Million |
| China Railway Materials Co Ltd (000927) | $88.31 Million | -1857.66% | 54.49x | $2.49 Billion |
| HeNan Splendor Science & Technology Co Ltd (002296) | $125.09 Million | 26.56% | 0.74x | $644.19 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $89.33 Million | 13.19% | 3.81x | $537.64 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $324.31 Million | 20.96% | 1.15x | $617.25 Million |
| Chengdu Yunda Technology Co Ltd (300440) | $1.60 Billion | 6.06% | 0.63x | $1.18 Billion |
| Zhejiang Tiantie Industry Co Ltd (300587) | $309.22 Million | 14.90% | 0.59x | $1.17 Billion |
About Nanjing Railway New Technology Co.Ltd.
Nanjing Railway New Technology Co.,Ltd. engages in the research, development, and manufacturing of rail vehicle body parts, bogie parts, and electrical system components in China and internationally. It offers stainless steel, aluminum alloy, carbon steel, and machining products, as well as rubber parts. The company was founded in 1994 and is based in Nanjing, China.